New & Noteworthy

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December 2013

Inventory Management Services

Guaranteed Returns

Guaranteed Returns provides pharmacies with inventory management services, including pharmaceutical returns, that help optimize obsolete, damaged, and excess drugs to positively contribute to a pharmacy\'s bottom line. Strategies are developed collaboratively to remove dead stock inventory, free up shelf space, and strengthen a pharmacy\'s capital position. Expired and slow moving inventory are also taken into consideration. After an inventory management strategy is implemented, the pharmacy has access to the GR-XtraNet online reporting system, which provides business intelligence for pharmacies to help satisfy patient needs while minimizing inventory costs.

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